How do you figure out the selling price?
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Studied at the University of São Paulo, Lives in São Paulo, Brazil.
The markup equation or markup formula is given below in several different formats. For example, if a product costs $100, the selling price with a 25% markup would be $125. Gross Profit Margin = Sales Price -C Unit Cost = $125 -C $100 = $25. Markup Percentage = Gross Profit Margin/Unit Cost = $25/$100 = 25%.
2023-05-10 15:01:26
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Isabella Evans
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The markup equation or markup formula is given below in several different formats. For example, if a product costs $100, the selling price with a 25% markup would be $125. Gross Profit Margin = Sales Price -C Unit Cost = $125 -C $100 = $25. Markup Percentage = Gross Profit Margin/Unit Cost = $25/$100 = 25%.